Finra Board to Consider Broker Bonus Disclosure in July

WASHINGTON—A rule that would oblige brokers to inform clients about any big signing bonuses they get will be considered in July by the board of the Financial Industry Regulatory Authority, the agency's chief said Tuesday.

If the board signs off on the proposal, it still would require approval by the Securities and Exchange Commission, meaning there are still several steps before it becomes a reality. Finra, the securities industry's...